Navigating COVID-19: The Benefits of Outsourcing

Virtual Think Tank Series

Reopening America: What Hospitals and Health Systems Can Do to Recover

Thursday, June 4, 2020 • 2:15 PM – 3:15 PM (EST)

This Virtual Think Tank will be restricted to an intimate group of Healthcare Executives who find their organizations seeking the economic and operational benefits of outsourcing arrangements. Executives will contemplate how to drive down unit cost and minimize sunk costs in the midst of the COVID-19 pandemic. Facilities need:

A scalable solution to remove the inefficiencies inherent in an employed staffing model

A partner with critical mass to address all patient types including facility and pro-fee

Ability to convert your coding costs from a largely fixed cost to a purely variable cost

Richard A. Braam

Not-For-Profit Accounting & Finance Consultant

Not-for-profit accounting and finance executive with 35 years of healthcare experience that expanded into the operational oversight of non-clinical hospital operational functions. Has over 12 years of experience in Vice President Finance/Chief Financial Officer roles with experience across the full continuum of care from physician practices, acute care, skilled nursing facilities, and hospice & home care services. Areas of expertise include debt financing, treasury management, revenue cycle, risk management, outsourcing arrangements and accounting process redesign.